ANF News and Press, Abercrombie & Fitch Company From 05/24/22

As Wall Street struggled for direction after a rebound the previous day, the major U.S. equity averages finished mixed on Tuesday. A late rebound allowed the Dow to finish higher, while the Nasdaq posted a decline of 2.4%. The slide among tech stocks was encouraged by warning from Snap (NYSE:...

ANF reported Q1 earnings that missed badly on the bottom line and showcased concerning forward trends. Inventory and cost of goods rose significantly above projections. ANF also changed guidance and said they don’t see a meaningful increase from 2021 revenues. The compa...

A disastrous earnings report from retail clothier Abercrombie & Fitch (NYSE: ANF) reverberated across the retail industry Tuesday, pulling down shares of rival clothing chains such as American Eagle Outfitters (NYSE: AEO) , Gap (NYSE: GPS) , and Crocs (NASD...

Shares of Abercrombie & Fitch (NYSE: ANF) plunged 28.7% on Tuesday after the apparel retailer reported an unexpected quarterly loss and slashed its full-year sales forecast. Abercrombie's revenue rose 4% year over year to $813 million in its fiscal first quarter, which ended...

Shares of apparel retailer American Eagle Outfitters (NYSE: AEO) are 7.7% lower as of 2:30 p.m. ET Tuesday, according to data from S&P Global Market Intelligence , upended by even more extreme weakness from a rival retailer's stock. Don't look for a company-specific reas...

Gainers: Better Therapeutics (BTTX) +26%. America's Car-Mart (CRMT) +25%. GeoVax Labs (GOVX) +17%. Platinum Group Metals (PLG) +17%. Zentek (ZTEK) +16%. China Liberal Education Holdings (CLEU) +13%. Charge Enterprises (CRGE) +13%. Citi Trends (CTRN) +13%. Cango (CANG) +13%. Losers: Snap (SNAP...

Abercrombie & Fitch Co. (NYSE:ANF -30.4%) shares eroded sharply on Tuesday after reporting a surprise bottom line loss.  The New Albany, Ohio-based retailer reported non-GAAP EPS of -$0.27, missing analyst estimates by $0.36 and diving into the red unexpectedly for its first quarter....

The mall sector is sliding after a soft earnings report from Abercrombie & Fitch (NYSE:ANF -30.3%) sparked another round of selling by investors. The retailer set off a wave of worry after cutting its full-year guidance for sales and margins and posted a surprise quarterly loss as costs s...

The following slide deck was published by Abercrombie & Fitch Co. in conjunction with their 2022 Q1 earnings call. For further details see: Abercrombie & Fitch Co. 2022 Q1 - Results - Earnings Call Presentation

Abercrombie & Fitch Co. (ANF) Q1 2022 Earnings Conference Call May 24, 2022 8:30 A.M. ET Company Participants Pam Quintiliano - Vice President, Investor Relations Fran Horowitz - Chief Executive Officer Scott Lipesky - Chief Financial Officer Conference Call Participants Dana Telsey - Tel...